Over 99% of power generated from renewables
Large reservoirs with a storage capacity of176.8 TWh
Installed capacity of 37,231 MW
Average cost per kWh generated of 2.11 ¢ in 20202
Return on equity 9.5%
Total assets of $81 billion
Average term of debt 20 years
|Rating agencies||Long-term debt||Commercial paper||Outlook/Trend|
|S&P Global Ratings||AA-||A-1+||N/A*|
|DBRS Morningstar||AA (low)||R-1 (middle)||Stable|
* S&P Global Ratings does not provide an outlook for Hydro-Québec’s credit rating.
Results and Outlook3
Investments totaled $3.4 billion in 2020, despite the slower overall pace of work on jobsites due to the public health crisis.
Six fixed-rate bond issues were made in 2020 on the Canadian capital market, at an average cost of 2.22%. These bonds will mature in 2055 and 2060. The company also issued floating-rate notes maturing in 2023, for a total amount of $1.0 billion. These issues raised a total of $4.6 billion.
Investments in property, plant and equipment and intangible assets
- As at December 31, 2020.
- Sum of generating, procurement and sales costs, divided by net sales volume.
- Forecast data is supplied for 2021.
- Gross borrowings.
How can we help you?
For questions regarding Hydro-Québec’s financing, view our FAQ or contact the Investor Relations teamContact us
Terms and conditions of disclosure
The content of this site is intended for general information purposes only and should not be construed as an offer to sell or a solicitation of offers to purchase securities.
It has not been approved by any regulatory body and is not sufficient for the purpose of deciding to purchase securities. The information, when released, was considered reliable as of that date.
However, errors or omissions may have resulted from electronic conversion, downloading or unauthorized modifications. No warranty is being made by Hydro‑Québec as to the accuracy or completeness of the information provided on this site. Users from outside the Province of Québec are sole responsible for complying with their national, provincial or state laws and regulations.
1999-2021 HYDRO-QUÉBEC ALL RIGHTS RESERVED©